compensation committee on the reason, necessity and benefit that the company will gain. The committee consists of: At least three company directors No person who is allocated more than five percent of the
infrastructure assets A Trust for high net-worth investors vs retail investors Termination of a trust The Settlor Trust's duties Structure of infra trust The major rules Minimum mobilized capital of
attach to the audit firm equipped with audit quality control system. These efforts will support the Thai capital market and Thai accounting professions to gain more investor confidence, both domestic and
of an Infrastructure Fund (IFF) and Infra Trust. Regulatory Summary Structure of infra trust The major rules Investments in infrastructure assets A Trust for high net-worth investors vs retail
benefit of beneficiaries, according to terms set out in a trust instrument. A trustee of an infrastructure trust must hold a license granted by the SEC and be independent from the trust manager
, 247 of the Securities and Exchange Act; The number of voting rights that the waiver will obtain after acquiring the securities and will gain in addition in the future without triggering the obligation
, 247 of the Securities and Exchange Act; The number of voting rights that the waiver will obtain after acquiring the securities and will gain in addition in the future without triggering the obligation
regarding matters that materially affect the unit holders' rights; dissolution of the REIT. Other rules Benefit distributions of REITs: Payout of benefits ≥ 90% of the adjusted net
the program is that it must be demonstrated that internal information is not used to the benefit the executives. Criteria for consideration Contribution must be regularly made to the program in order to
the accounting periods that the mutual fund have retained earnings or net profit, provided that: 1) The dividend payment must not increase the mutual fund's retained loss in that accounting period. 2